New Week starts with a Resistance Cluster Ahead! ๐๐
New week starts tonight and ๐ธ has to face a Resistance cluster:
โ ๏ธ37k (psychological level/Round number)
โ ๏ธ37295 (mid-channell)
โ ๏ธ37600 (Professor's Technical level)
๐We will be off to 41-45k once we break over these resistances
๐๐จ๐ปโ๐ซ Fundamentals:
- Rate hikes are done. Cuts soon โ๏ธ
- US election period starts (Bullish) ๐ฅช
- War in Ukraine coming to the last phase ๐
- US and China come closer๐๐ต๐ธ๐ธ
- Halving coming closer ๐ธ
- ETF coming closer ๐ค๐ต
๐ธ We remain Bullish but aware that there is a 43% chance we will see the 35750$ level one more time
One Love,
The guy who loves charts.
ChatGPT refined version:
๐ New Week, New Heights: Navigating the Resistance Cluster Ahead! ๐๐
As the week kicks off, our focus is on the pivotal resistance cluster that ๐ธ (our beloved currency) faces. This is a crucial moment, and here's what we're looking at:
37k Resistance: This is not just a number; it's a psychological battlefield. The round number effect can't be ignored.
37295 Mid-Channel Barrier: Precision is key, and this mid-channel point could be a make-or-break moment.
37600 - The Professor's Technical Level: A level backed by rigorous analysis. Crossing this could be our green light!
๐ฎ Prediction: If we successfully break these resistances, we're looking at a potential rally to the 41-45k zone. The sky's the limit! ๐
๐๐จ๐ปโ๐ซ Key Fundamentals to Keep in Mind:
Interest Rate Dynamics: Rate hikes seem to be in the rearview mirror. With potential cuts on the horizon, we could see some interesting market movements.
US Elections: Historically a bullish period. Keep your eyes peeled! ๐ฅช
Ukraine Conflict: As it enters its potential final phase, market sentiments could see a shift. ๐
US-China Relations: Improving ties could spell good news for the markets. ๐๐ต๐ธ
Halving Event: Getting closer by the day, a crucial event for market dynamics.
ETF Approaching: The anticipation of an ETF could bring more excitement and liquidity to the market. ๐ค๐ต
๐ธ Market Outlook: Overall, the sentiment remains bullish. However, it's important to stay vigilant. There's a 43% chance we might revisit the 35750$ level, so let's not rule out any possibilities just yet.
Remember, the market is a complex beast, and staying informed is key to navigating its twists and turns. Let's tackle this week with wisdom and watchfulness!
One Love,
The FXPROFESSOR โก
โ ๏ธ37k (psychological level/Round number)
โ ๏ธ37295 (mid-channell)
โ ๏ธ37600 (Professor's Technical level)
๐We will be off to 41-45k once we break over these resistances
๐๐จ๐ปโ๐ซ Fundamentals:
- Rate hikes are done. Cuts soon โ๏ธ
- US election period starts (Bullish) ๐ฅช
- War in Ukraine coming to the last phase ๐
- US and China come closer๐๐ต๐ธ๐ธ
- Halving coming closer ๐ธ
- ETF coming closer ๐ค๐ต
๐ธ We remain Bullish but aware that there is a 43% chance we will see the 35750$ level one more time
One Love,
The guy who loves charts.
ChatGPT refined version:
๐ New Week, New Heights: Navigating the Resistance Cluster Ahead! ๐๐
As the week kicks off, our focus is on the pivotal resistance cluster that ๐ธ (our beloved currency) faces. This is a crucial moment, and here's what we're looking at:
37k Resistance: This is not just a number; it's a psychological battlefield. The round number effect can't be ignored.
37295 Mid-Channel Barrier: Precision is key, and this mid-channel point could be a make-or-break moment.
37600 - The Professor's Technical Level: A level backed by rigorous analysis. Crossing this could be our green light!
๐ฎ Prediction: If we successfully break these resistances, we're looking at a potential rally to the 41-45k zone. The sky's the limit! ๐
๐๐จ๐ปโ๐ซ Key Fundamentals to Keep in Mind:
Interest Rate Dynamics: Rate hikes seem to be in the rearview mirror. With potential cuts on the horizon, we could see some interesting market movements.
US Elections: Historically a bullish period. Keep your eyes peeled! ๐ฅช
Ukraine Conflict: As it enters its potential final phase, market sentiments could see a shift. ๐
US-China Relations: Improving ties could spell good news for the markets. ๐๐ต๐ธ
Halving Event: Getting closer by the day, a crucial event for market dynamics.
ETF Approaching: The anticipation of an ETF could bring more excitement and liquidity to the market. ๐ค๐ต
๐ธ Market Outlook: Overall, the sentiment remains bullish. However, it's important to stay vigilant. There's a 43% chance we might revisit the 35750$ level, so let's not rule out any possibilities just yet.
Remember, the market is a complex beast, and staying informed is key to navigating its twists and turns. Let's tackle this week with wisdom and watchfulness!
One Love,
The FXPROFESSOR โก
Comment:
updated levels
Comment:
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